Intraday Trading Trailing Stop for Emini S&P

[cowcool 10]

Do you guys using trailing stop instead of stop loss? . I am kinda confused of what is more approriate , down in pts or percentage? . I usually use percentage for stocks but emini S&P is different because it uses increment of 0.25

 

What is appropriate trailing stop in pts for emini sp intraday trading? . I don't want to get knocked often for settin too tight trailing stop.

 

Thx!!

[bathrobe 10]

I depends on your own tolerance for risk, I go in with 3 points (12 ticks) and modify if I need to.

[brownsfan019 17]

I think you are asking 2 questions, b/c a stop loss order is to get you out of a losing trade, while a trailing stop is typically used when a position is going in your favor. So it's very possible to use BOTH - stop loss when you get into trade and trailing stop once you are in profit.

[BlowFish 10]

Not really something anyone can answer for you. Two popular methods are using market structure (swing highs and lows) or volatility (something like Average True Range).

[86834 10]

You're in luck because i just made a post on my blog about a method to trail stops

 

http://868347.blogspot.com/

 

I'm not leaving it up for long tho. Kinda like a sneak preview

 

 

Boost!

[brownsfan019 17]

You're in luck because i just made a post on my blog about a method to trail stops

 

http://xxxxx.blogspot.com/

 

I'm not leaving it up for long tho. Kinda like a sneak preview

 

 

Boost!

 

Sneak preview of what? The course you are now selling?

 

[86834 10]

no, a sneak preview of something that i like to use. I'm not one for giving the golden goose away, but think it's something that people can apply whatever methods they're using to trade. A move is a move, and this will help people stay in it

[BlowFish 10]

If you want to see how to trail stops based on price action take a look at Tim Morges video blogs at medianline.com. Classic stuff from a market veteran. If you dig deeper you will find archives with more examples from years gone by.

[Tams 20]

Do you guys using trailing stop instead of stop loss? . I am kinda confused of what is more approriate , down in pts or percentage? . I usually use percentage for stocks but emini S&P is different because it uses increment of 0.25

What is appropriate trailing stop in pts for emini sp intraday trading? . I don't want to get knocked often for settin too tight trailing stop.

Thx!!

 

try one SD on the other side of a 20MA.

[BlowFish 10]

Or 1SD from the VWAP...or parabolic SAR.....or 2 bar closes against your position or 2 bar hi/lows....or chandelier stop or or or or

[brownsfan019 17]

Or 1SD from the VWAP...or parabolic SAR.....or 2 bar closes against your position or 2 bar hi/lows....or chandelier stop or or or or

 

Exactly, you have to find what works for you. In a strong trending environment, a trail behind a moving average or SAR can work nicely. In a choppy environment those options will severely lag. Just depends on what the trader is trying to accomplish - catch the big, occasional trending day or crank out some profits on most trades.